Calyxt Inc. (NASDAQ:CLXT) has a beta value of 1.82 and has seen 2.25 million shares traded in the last trading session. The company, currently valued at $13.64M, closed the last trade at $0.31 per share which meant it gained $0.05 on the day or 15.62% during that session. The CLXT stock price is -554.84% off its 52-week high price of $2.03 and 61.29% above the 52-week low of $0.12. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.94 million shares traded. The 3-month trading volume is 1.91 million shares.
The consensus among analysts is that Calyxt Inc. (CLXT) is a Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.14.
Calyxt Inc. (NASDAQ:CLXT) trade information
Sporting 15.62% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Monday, 01/23/23 when the CLXT stock price touched $0.31 or saw a rise of 38.94%. Year-to-date, Calyxt Inc. shares have moved 107.73%, while the 5-day performance has seen it change 65.00%. Over the past 30 days, the shares of Calyxt Inc. (NASDAQ:CLXT) have changed 104.81%. Short interest in the company has seen 18410.0 shares shorted with days to cover at 0.05.
Wall Street analysts have a consensus price target for the stock at $1.00, which means that the shares’ value could jump 69.0% from current levels. The projected low price target is $1.00 while the price target rests at a high of $1.00. In that case, then, we find that the current price level is -222.58% off the targeted high while a plunge would see the stock gain -222.58% from current levels.
Calyxt Inc. (CLXT) estimates and forecasts
The company’s shares have gained 27.67% over the past 6 months, compared to 4.50% for the industry. Revenue growth from the last financial year stood is estimated to be -93.10%.
3 analysts offering their estimates for the company have set an average revenue estimate of $270k for the current quarter. 3 have an estimated revenue figure of $1.49 million for the next quarter concluding in Dec 2022.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -10.60% over the past 5 years.
Calyxt Inc. is expected to release its next earnings report between March 01 and March 06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Calyxt Inc. (NASDAQ:CLXT)’s Major holders
Insiders own 1.14% of the company shares, while shares held by institutions stand at 6.20% with a share float percentage of 6.27%. Investors are also buoyed by the number of investors in a company, with Calyxt Inc. having a total of 38 institutions that hold shares in the company. The top two institutional holders are Millennium Management Llc with over 0.65 million shares worth more than $0.16 million. As of Jun 29, 2022, Millennium Management Llc held 1.39% of shares outstanding.
The other major institutional holder is Renaissance Technologies, LLC, with the holding of over 0.5 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $0.12 million and represent 1.08% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. As of Jun 29, 2022, the former fund manager holds about 0.41% shares in the company for having 0.19 million shares of worth $46434.0 while later fund manager owns 80427.0 shares of worth $19423.0 as of Jun 29, 2022, which makes it owner of about 0.17% of company’s outstanding stock.